VOL. XLIII

No. 22

29-May-2000

IRAN

US Ambassador Rules Out Iran Crude Oil Swaps Despite Recent Easing Of Sanctions

The White Houses special advisor on Caspian energy diplomacy said on 19 May that President Clinton will not lift the ban on US energy companies entering into crude oil swaps with Iran, despite the recent easing of US sanctions on imports of non-oil products (MEES, 20 March). Addressing a forum on Caucasus/Caspian energy issues on 19 May, Ambassador John S. Wolf told delegates, "we...